Saudi Arabia: Can’t be held responsible for oil shortage

Saudi Arabia made the announcement on Monday via its state news agency, citing the country’s foreign ministry.

– The international community must take responsibility for safeguarding energy supplies, the statement said.

Saudi Arabia’s unusually strong statement stands in contrast to the more cautious oil nation’s signature tone. State authorities like to tread with caution because even a small signal can cause fluctuations in oil prices.

On Sunday, Yemen’s Houthi rebels carried out several attacks on oil and gas production facilities in Saudi Arabia, and oil production was temporarily halted at one of the facilities.

Repeated Houthi attacks will affect Saudi Arabia’s production capacity, threatening the security and stability of its energy supply to global markets, the Foreign Ministry said in a statement.

The Saudi government has condemned the Houthi attacks on Sunday, adding that they exacerbate “highly sensitive conditions” in global markets, citing Russia’s war in Ukraine and its impact on oil prices.

The United States has condemned the attack by the Houthi rebels, and has pledged to help Saudi Arabia with equipment for self-defense. Saudi Arabia is leading a coalition fighting rebels in Yemen in an eight-year war. The war has led to what the United Nations describes as the world’s worst humanitarian crisis.

Georgie Burke

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